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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

InfoBionic Secures Funding to Expand Virtual Telemetry Solution

by Fred Pennic 10/18/2023 Leave a Comment

InfoBionic Secures Funding to Expand Virtual Telemetry Solution

What You Should Know:  - InfoBionic, a digital health company focused on virtual telemetry and cardiac remote patient monitoring closes its Series D financing round. The series D funding round includes participation by Security International Investments (SII), Mayo Clinic and Excel Venture Management while distinguished existing investors like Blue Cross Blue Shield of MA (Zaffre Investments), Blue Cross Blue Shield of Kansas and Safeguard Scientifics remain actively involved. - The
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Ventricle Health Secures $8M to Accelerate Value-Based Home Care Model for Heart Failure

by Fred Pennic 10/17/2023 Leave a Comment

Ventricle Health Secures $8M to Accelerate Value-Based Home Care Model for Heart Failure

What You Should Know:  - Ventricle Health - a new national, virtual cardiology clinical reimagining cardiac care delivery - raises $8M in seed funding led by RA Capital and Waterline Ventures.  - This company will used the seed funding to expand Ventricle Health’s heart failure management therapeutic model in collaboration with value-based care provider groups and payers, which can reduce the overall average annual cost of heart failure care by at least 30-50%.  Virtual
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HeartX Accelerator Announces 5 Startups for 2023 Program

by Fred Pennic 10/16/2023 Leave a Comment

HeartX Accelerator Announces 5 Startups for 2023 Program

What You Should Know: - HeartX, a digital health accelerator powered by HealthTech Arkansas and MedAxiom along with eleven leading cardiology practices in Arkansas and around the country — has selected the five healthcare companies that will participate in the 2023 accelerator program. - HeartX is a cardiovascular-focused healthcare accelerator that facilitates guaranteed hospital pilot projects and clinical trials for accomplished, early-stage companies bringing new cardiovascular
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Prevounce Health Closes $7M to Scale Remote Care Management Solutions

by Fred Pennic 10/13/2023 Leave a Comment

Prevounce Health Closes $7M to Scale Remote Care Management Solutions

What You Should Know: - Prevounce Health, a provider of remote care management software, devices, and services closes $2.5M in new Series A funding led by Cloud Hill Partners and Michael Hammond, former co-founder of Hammond Hanlon Camp LLC and H2C Securities, with participation from additional returning investors. - The company has now raised $7M in total Series A funding and will use the Series A funding to advance its product and service offerings and scale its team to meet growing
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Capital Rx Closes $50M to Expand Pharmacy Benefits Administration Platform

by Fred Pennic 10/12/2023 Leave a Comment

Capital Rx Closes $50M to Expand Pharmacy Benefits Administration Platform

What You Should Know:  - Capital Rx, an NYC-based full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) raised $50M with participation from more than 10 of the leading health systems in the nation, including Atlantic Health System, Banner Health, Hawai’i Pacific Health, Inova Health System, Lehigh Valley Health Network, Memorial Hermann Health System, Nebraska Medicine, Novant Health, Ochsner Health, and WellSpan Health, among others, as well as
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FluidAI Medical Raises $15M for AI-Driven Postoperative Monitor

by Syed Hamza Sohail 10/10/2023 Leave a Comment

FluidAI Medical Raises $15M for AI-Driven Postoperative Monitor

What You Should Know: FluidAI Medical (FluidAI), a pioneer in leveraging artificial intelligence (AI) for postoperative patient monitoring, today announced that it has raised $15 million in Series A funding, led by SOSV and Graphene Ventures.Funding was received with participation from Boutique Venture Partners, Threshold Impact, Cur8 Capital, Leva Capital, Kyto Technology & Life Science Inc., Juno Pharmaceuticals, and a number of esteemed
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Commons Clinic Secures $19.5M for VBC Model for Spinal Care, Orthopedics, and Pain Management

by Fred Pennic 10/09/2023 Leave a Comment

Commons Clinic Secures $19.5M for VBC Model for Spinal Care, Orthopedics, and Pain Management

What You Should Know:  - Commons Clinic, the branded, value-based health system offering all-inclusive, expert care for spine, orthopedics, and pain management, announced its $19.5M Series A financing led by RA Capital Management with participation from existing investors Floating Point and Courtside Ventures as well as new investor Time BioVentures.  - The latest financing brings Commons Clinic's total funding to $33.5M including investments from industry-pioneering angels such
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Ounce Raises $5.2M to Bridge the Gap Between Housing and Health

by Fred Pennic 10/05/2023 Leave a Comment

Ounce Raises $5.2M to Bridge the Gap Between Housing and Health

What You Should Know:  - Ounce, a company bridging the gap between health and housing has raised a $5.2M seed round co-led by Meridian Street Capital and Flare Capital Partners with participation from Chelsea Clinton’s Metrodora Ventures Wilshire Lane Capital, Chris Nassetta (Hilton CEO), Taylor Justice (Unite Us cofounder), and others. - Ounce Community Health Workers (CHW) currently serve more than 2,000 D.C. residents, helping them enroll in Medicaid, apply for energy assistance,
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FemTech: Diana Health Secures $34M to Expand Maternity Care Model

by Jasmine Pennic 10/05/2023 Leave a Comment

FemTech: Diana Health Secures $34M to Expand Maternity Care Model

What You Should Know:  - Women's health startup Diana Health raises $34M in Series B funding round led by Norwest Venture Partners. - The company plans to use the funding to expand its collaborative maternity care model that is improving patient care outcomes and delivering clear ROI for hospitals and health systems who typically take a loss on their Labor & Delivery department.  Pregnancy, Gynecology, and Women’s Wellness The U.S. is facing a maternal health crisis.
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7wireVentures Launches $217M Growth & Opportunity Fund to Support Later-Stage Digital Health Investments

by Fred Pennic 10/03/2023 Leave a Comment

7wireVentures Launches $217M Growth & Opportunity Fund

What You Should Know:  - 7wireVentures, one of the country’s leading digital health venture capital firms, today announced the successful completion of a $217 million Growth & Opportunity “GO” Fund, its largest to date.  - The new venture fund will support later-stage digital health investments in high-potential companies from existing portfolios as well as new opportunities. The closing of the $217M GO Fund brings the Firm’s assets under management (AUM) to over $500M. GO
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